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Shopping Center Retail Space
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34500 US-45, Third Lake, IL 60030

One lease opportunity joins a multi-tenant center with restaurants, personal services, and specialty retail occupants.

Space Size1,391 SF
Property Size30,040 SF
Days on Market1177

Property Features for 34500 US-45

General Information

Standard status Active
Size 1,391 SF
Total Parking Spaces 132
Property subtype Retail
Lease Type NNN

Building Details

Building Size 30,040 SF
Year Built 2005
Tenancy Multiple

Spaces For Lease

at 34500 US-45 Contact us

Available Space 3 $16/SF/Yr

Size
1,391 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Resource Commercial Advisors
Listed By: BRENDA SLAVIK · License #IL 471.009736
Source: Crexi
Added: Jun 13, 2023 Changed: Aug 30 Last Checked: Sep 1 at 6:28AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Resource Commercial Advisors

Investment Insights

Based on property information with market context.

A retail space is scheduled to become available June 1 within Waterstone Place, a shopping center built in 2005. The property supports a varied tenant mix that includes restaurants, an insurance company, a hair salon, a bakery, a trading card store, and Home of the Sparrow.

The center is located at 34500 US-45 in Third Lake, Illinois. The available space provides an opportunity to join an established commercial property with multiple existing occupants and a broad range of retail and service uses represented on site.

Key Highlights

  • One space available for lease June 1
  • Shopping center constructed in 2005
  • Existing mix includes restaurants, bakery, hair salon, and insurance company

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Storage Facility Garden Center Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

46
Businesses Nearby
13k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 100%
Wendy's Dining
13,419 visits/mo 0.5 miles

Demographics for 60030, IL

36,346
Population
15,006
Households
2.4
Avg Household Size
43
Median Age
49%
College-Educated
97%
High-School Grad
26.8 sq mi
ZIP Area
1,356
Density / Sq Mi
$104,920
Median Household Income
$55,766
Median Earnings
$1,526
Median Rent
$276,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - One lease opportunity joins a multi-tenant center with restaurants, personal services, and specialty retail occupants.
Where is this shopping center located?
The property is located at 34500 US-45 Third Lake, IL.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: One space available for lease June 1; Shopping center constructed in 2005; Existing mix includes restaurants, bakery, hair salon, and insurance company
More about this property
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